... internationally recognised cities whilst others have opted for places less well-known and less intense competition. Ilens_Jul04_E(final) 6 Regulatory Control With such a rapid market growth, regulatory control is always a concern. The China Insurance Regulatory Commission (“CIRC”) has exclusive authority over the...

... internationally recognised cities whilst others have opted for places less well-known and less intense competition. Ilens_Jul04_E(final) 6 Regulatory Control With such a rapid market growth, regulatory control is always a concern. The China Insurance Regulatory Commission (“CIRC”) has exclusive authority over the...

..., 13AE, 13B, 14 and 15 of the IO in respect of any appointment of or changes in its controllers, directors, key persons in control functions or appointed actuary (if the insurer carries on long term insurance business).   These requirements aim at ensuring that the persons to be appointed or...

... 11 on Post-Sale Control etc) which require information about customers to be collected through the FNA process. A 1. For products which the FNA requirement is optional, insurers should still use best effort to collect the necessary information from the customers to fulfill their obligation under the...

...……………………………………… 9 11. Post-sale Control………………………………………….. 10 12. Commencement…………………………………………... 11 Selling Process of Non-linked Insurance Products Annex Requirements Applicable to Participating Policies Appendix 1 Requirements Applicable to Universal Life Policies Appendix 2 1 1. Introduction 1.1 This Guideline...

... guidelines promulgated previously by the Office of the Commissioner of Insurance and now the IA. The Appointed Actuary thus performs a pivotal role in maintaining internal control and risk mitigation functions that accord proper safeguard to the interest of policy holders – a demanding task that calls for...

... guidelines promulgated previously by the Office of the Commissioner of Insurance and now the IA. The Appointed Actuary thus performs a pivotal role in maintaining internal control and risk mitigation functions that accord proper safeguard to the interest of policy holders – a demanding task that calls for...

... guidelines promulgated previously by the Office of the Commissioner of Insurance and now the IA. The Appointed Actuary thus performs a pivotal role in maintaining internal control and risk mitigation functions that accord proper safeguard to the interest of policy holders – a demanding task that calls for...

... increased scrutiny and enhanced due diligence. In addition, you are reminded that it is an offence under section 4 of the Weapons of Mass Destruction (Control of Provision of Services) Ordinance (Cap. 526) for a person to provide any services where he believes or suspects, on reasonable grounds, that those...

... and key persons in control functions. In about two years, we shall directly regulate insurance 4 保險業監管局 Insurance Authority 人，取代現時的自律規管制度。我們 會制定操守規管標準，提高保險從業 員的專業水平。 維持市場穩定及保障保單持有人是我 們的工作核心。保監局積極籌備建立 風險為本資本制度及成立保單持有人 保障計劃，強化我們監管的基建。 可持續發展 保險業擁有龐大的市場發展潛力。近 年，香港的保險業市場持續增長，人 壽保險業務是近年市場增長的火車 頭，而區內發展及本地情況...